Latest articles from Staff

Newsletter Apr 2004: Fair rules wanted

European insurers want uniform rules from Solvency II. And Solvency II needs a resolution of the accounting dilemma.

Newsletter Apr 2004: Mapping a free-market future

Lawmakers are proposing a federal-state partnership to regulate a US insurance industry shorn of price controls. Is it a pragmatic answer or a recipe for confusion?

Newsletter Jan 2003: Taylor plan to scrap Basel II and start again

An idea for an alternative capital adequacy regime for banks is being closely examined by several key regulators in the US and UK. By Melvyn Westlake

Newsletter Apr 2004: Is leasing getting a raw deal?

Leasing firms want the Basel regulators to accept the fact that they own the equipment they lease out. That makes leasing a lower risk business than lending money, says Mathias Schmit.

Email news Service April 2004 : IASB limits fair value option in response to regulator fears

LONDON, April 21 - Global accounting rule makers responded to banking regulators\' concerns today by proposing a limit on the use of the so-called fair value option in the new international accounting standards (IAS).

Email news Service April 2004 : Europe launches delayed reinsurance directive

BRUSSELS, April 21 - The European Commission today issued its delayed proposed directive for the `fast track\' supervision of Europe\'s reinsurance industry to help reinforce financial stability.

Email news Service April 2004 : Greenspan hopes for credit card consensus, says all US agencies comm

WASHINGTON, April 22 - US Federal Reserve Board chairman Alan Greenspan has said he hopes US federal banking agencies can \"close the gap\" on the treatment of credit cards in the complex Basel II upgrade of international rules for bank safety.

Email news Service April 2004 : Caruana says 99.9% of Basel II issues resolved

FRANKFURT-AM-MAIN, Germany, April 27 - Global banking regulators have cleared up 99.9% of the outstanding problems in the international Basel II pact aimed at bolstering bank solvency, the world\'s top banking supervisor said in an interview published today.

Email news Service January 2003: GRR: Basel Committee yet to agree on McDonough\'s successor

BASEL, Switzerland, January 17 - The Basel Committee on Banking Supervision has yet to decide on a successor to William McDonough as chairman of the committee, Basel Committee officials said today.

Email news Service January 2003: Investment firms urge changes to EU op risk regime

LONDON, January 28 -- Fears that the European Commission\'s proposed new capital adequacy legislation for banks and investment firms will have a harmful affect on some stockbrokers and asset managers are expressed in a letter sent to the EU today.